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Information enables, knowledge empowers, wisdom elevates. In this age of smart phones and digital enablement for all, new forms of credit are constantly coming to our door steps; being aware can transform the way we think about funding our businesses. We are passionate about issues that surround small businesses and this space is devoted towards spreading awareness about various tools that can benefit entrepreneurs. Keep reading..

11

May, 2017

How to start an aluminium bottle cap manufacturing business

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Aluminium bottle caps find extensive use for bottles used in packaging cosmetics, drugs, chemicals, adhesives, cosmetics, perfumes and many more. These caps can with stand corrosive chemicals and are available in various designs and attractive colors at low cost. The demand is more for packing the products in attractive looking containers to attract the customers. Therefore, bottle caps demand would be in growing for such containers. A small unit can manufacture the caps with locally available machinery and raw material. Usage They can be molded in attractive designs and shapes […]

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11

May, 2017

How to procure Gumatsa license online for your business in Maharashtra (Shops & Establishment Act, 1948)

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The Bombay Shops & Establishment Act,1948 also known as Gumatsa is a trade license that needed to be availed by a business enterprise / establishment under 30 days of the commencement of the business in Maharashtra. Gumatsa is an essential license for any business in Maharashtra, irrespective of the turnover of the business or business type. It is an important license for a business as it is a proof that the business exists. It can also be availed online now. The government of India has made the process of Gumatsa […]

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5

May, 2017

How to start a food truck business

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A food truck is a large vehicle equipped to cook and sell food. Some, including ice cream trucks, sell frozen or prepackaged food; others have on-board kitchens and prepare food from scratch. Sandwiches, hamburgers, French fries, and other regional fast food fare is common. In recent years, associated with the pop-up restaurant phenomenon, food trucks offering gourmet cuisine and a variety of specialties and ethnic menus, have become particularly popular. Food trucks, along with portable food booths and food carts, are on the front line of the street food industry […]

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1

May, 2017

How to become a taxi (app-based ride hailing cabs) entrepreneur?

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With the entry of international and Indian startups like Uber, Ola, Meru etc. the utilization of taxi / Cab / private transport services has dramatically increased over the time. Simultaneously, it has helped create many new entrepreneurs who have become driver partners with one/more of these startups and have seen their incomes rise steadily from this business. In fact, leading car manufacturers like Maruti, Tata Motors, Hyundai etc. have started focusing on this segment as a fast growing one that needs tailored strategy and can prove to be a new […]

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26

Apr, 2017

Udyog Credit is now an empaneled handholding agency (Standup Mitra) with SIDBI

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We are pleased to share that we will be able to serve our MSME customers better as we are now formally empaneled with SIDBI as a handholding partner (under the name of ‘Innocred Technologies Pvt. Ltd.’ – our parent entity). Now our MSME customers can select us as a handholding agency on the Standup Mitra portal by selecting our parent entity name (Innocred Technologies Pvt. Ltd.) for the following services: Financial literacy training Entrepreneur development programme Assistance in completing documentation for availing business loans through Mudra or Standup scheme Assistance is […]

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23

Apr, 2017

How to start a 3D printing business in India

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What is 3D Printing? 3D Printing is the next generation printing technique. Unlike other printings, there is no use of ink or paper in 3D printing. Instead it is a process of making prints with various kinds of material like plastics, metal, ceramic, glass etc. It is a process where three-dimensional rendering guide is used to create a physical object by the help of a machine. 3d printing, also known as Additive Manufacturing is a process that is used to create a three-dimensional object of any shape and size with […]

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23

Apr, 2017

Business opportunity – Becoming a distributor for LED products

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What is an LED product? The latest technology in lighting products include a light emitting diode (LED) which consumes lesser energy than commonly used bulbs and lamps. This technology is used across wide range of products used for residential and commercial purposes. LED products have longer life span and consume less power, which makes it cheaper than Compact Fluorescent Lamps (CFL) products and traditional incandescent bulbs by 2.2x and 8.3x times over a life span of 50,000 hrs.   What are the growth drivers for LED industry? It is energy […]

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